Intercontinental Total Current Liabilities vs Total Assets Analysis

ICE Stock  USD 158.18  0.23  0.15%   
Intercontinental financial indicator trend analysis is infinitely more than just investigating Intercontinental Exchange recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Intercontinental Exchange is a good investment. Please check the relationship between Intercontinental Total Current Liabilities and its Total Assets accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intercontinental Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

Total Current Liabilities vs Total Assets

Total Current Liabilities vs Total Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Intercontinental Exchange Total Current Liabilities account and Total Assets. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Intercontinental's Total Current Liabilities and Total Assets is 0.92. Overlapping area represents the amount of variation of Total Current Liabilities that can explain the historical movement of Total Assets in the same time period over historical financial statements of Intercontinental Exchange, assuming nothing else is changed. The correlation between historical values of Intercontinental's Total Current Liabilities and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Liabilities of Intercontinental Exchange are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Total Current Liabilities i.e., Intercontinental's Total Current Liabilities and Total Assets go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Current Liabilities

Total Current Liabilities is an item on Intercontinental balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Intercontinental Exchange are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Assets

Total assets refers to the total amount of Intercontinental assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Intercontinental Exchange books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Intercontinental's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Intercontinental Exchange current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intercontinental Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At present, Intercontinental's Tax Provision is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Gross Profit5.0B5.2B5.7B5.9B
Total Revenue9.2B9.6B9.9B10.4B

Intercontinental fundamental ratios Correlations

0.920.890.880.840.310.860.90.350.620.870.91.00.920.910.40.890.840.86-0.430.910.880.790.840.880.84
0.920.690.70.590.390.630.840.230.620.640.840.941.00.960.390.690.60.69-0.350.720.650.60.610.690.59
0.890.690.990.910.110.980.80.360.720.910.670.850.680.740.510.890.910.94-0.520.910.970.880.880.980.95
0.880.70.990.910.090.970.820.310.710.90.670.850.690.750.440.870.910.93-0.560.920.960.890.870.990.94
0.840.590.910.910.110.960.720.430.440.990.780.810.590.640.330.940.990.87-0.480.950.970.870.990.920.99
0.310.390.110.090.110.060.080.660.140.190.30.340.420.22-0.070.210.14-0.010.390.220.170.110.20.060.08
0.860.630.980.970.960.060.770.380.610.960.70.820.620.670.460.920.970.93-0.50.930.980.890.940.970.99
0.90.840.80.820.720.080.770.10.560.730.790.890.830.860.230.760.70.79-0.470.850.760.770.680.840.75
0.350.230.360.310.430.660.380.10.220.470.320.340.250.160.090.490.440.140.110.420.470.270.470.270.42
0.620.620.720.710.440.140.610.560.220.450.270.590.60.660.630.420.470.69-0.480.510.570.580.410.70.54
0.870.640.910.90.990.190.960.730.470.450.810.840.640.670.360.960.990.86-0.420.950.970.870.990.910.98
0.90.840.670.670.780.30.70.790.320.270.810.920.850.820.210.840.760.67-0.330.820.740.650.80.680.72
1.00.940.850.850.810.340.820.890.340.590.840.920.940.920.370.870.810.82-0.410.890.840.760.820.840.8
0.921.00.680.690.590.420.620.830.250.60.640.850.940.960.370.690.60.67-0.340.710.650.60.610.680.59
0.910.960.740.750.640.220.670.860.160.660.670.820.920.960.40.710.640.77-0.60.750.690.650.640.750.64
0.40.390.510.440.33-0.070.460.230.090.630.360.210.370.370.40.280.370.51-0.250.220.40.40.340.430.4
0.890.690.890.870.940.210.920.760.490.420.960.840.870.690.710.280.940.83-0.430.960.960.780.950.870.94
0.840.60.910.910.990.140.970.70.440.470.990.760.810.60.640.370.940.89-0.450.930.970.850.990.910.98
0.860.690.940.930.87-0.010.930.790.140.690.860.670.820.670.770.510.830.89-0.620.860.890.820.860.950.91
-0.43-0.35-0.52-0.56-0.480.39-0.5-0.470.11-0.48-0.42-0.33-0.41-0.34-0.6-0.25-0.43-0.45-0.62-0.49-0.49-0.46-0.41-0.58-0.48
0.910.720.910.920.950.220.930.850.420.510.950.820.890.710.750.220.960.930.86-0.490.960.880.930.940.95
0.880.650.970.960.970.170.980.760.470.570.970.740.840.650.690.40.960.970.89-0.490.960.890.960.960.99
0.790.60.880.890.870.110.890.770.270.580.870.650.760.60.650.40.780.850.82-0.460.880.890.840.930.88
0.840.610.880.870.990.20.940.680.470.410.990.80.820.610.640.340.950.990.86-0.410.930.960.840.880.97
0.880.690.980.990.920.060.970.840.270.70.910.680.840.680.750.430.870.910.95-0.580.940.960.930.880.95
0.840.590.950.940.990.080.990.750.420.540.980.720.80.590.640.40.940.980.91-0.480.950.990.880.970.95
Click cells to compare fundamentals

Intercontinental Account Relationship Matchups

Intercontinental fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets94.5B126.2B193.5B194.3B136.1B142.9B
Total Current Liabilities68.8B88.0B153.4B149.2B84.6B45.5B
Total Stockholder Equity17.3B19.5B22.7B22.7B25.7B27.0B
Property Plant And Equipment Net1.5B1.7B1.7B1.8B1.9B2.0B
Net Debt7.3B16.3B13.6B16.6B22.0B23.1B
Cash841M583M607M1.8B899M598.0M
Non Current Assets Total26.5B39.0B39.2B37.4B51.1B53.7B
Non Currrent Assets Other1.4B1.6B2.6B1.4B1.3B1.4B
Cash And Short Term Investments841M583M607M1.8B2.1B1.6B
Common Stock Shares Outstanding594M579M565M555M561M457.4M
Liabilities And Stockholders Equity94.5B126.2B193.5B194.3B136.1B142.9B
Non Current Liabilities Total8.3B18.6B17.3B22.4B25.7B27.0B
Other Current Assets220M85.4B152.5B154.0B81.5B85.6B
Total Liab77.1B106.6B170.8B171.6B110.3B115.8B
Total Current Assets68.0B87.2B154.3B156.9B85.0B45.9B
Other Current Liab65.6B84.8B151.0B148.1B81.5B42.0B
Other Stockholder Equity(1.8B)8.6B8.5B8.1B9.6B5.1B
Property Plant And Equipment Gross1.5B1.7B3.6B3.9B4.3B4.5B
Short Long Term Debt Total8.1B16.9B14.2B18.4B22.9B24.1B
Other Liab2.8B4.1B4.7B4.0B4.6B4.9B
Current Deferred Revenue129M158M194M170M200M190M
Retained Earnings9.6B11.0B14.4B14.9B16.4B17.2B
Accounts Payable505M639M703M866M1.0B1.1B
Other Assets747M1.6B1.0B1.2B1.4B1.5B
Long Term Debt5.3B14.1B12.4B18.1B20.7B21.7B
Net Receivables988M1.2B1.2B1.2B1.4B1.4B
Good Will13.3B21.3B21.1B21.1B30.6B32.1B
Inventory65.9B85.1B147.0B153.5B80.2B51.6B
Accumulated Other Comprehensive Income(243M)(192M)(196M)(331M)(294M)(279.3M)
Treasury Stock(3.9B)(5.2B)(5.5B)(6.2B)(5.6B)(5.3B)
Short Term Debt2.6B2.4B1.5B4M2.0B2.0B
Intangible Assets10.3B14.4B13.7B13.1B17.3B18.2B
Property Plant Equipment1.2B1.4B1.7B1.8B2.0B2.1B
Net Tangible Assets17.3B19.6B22.7B22.7B26.1B19.0B
Noncontrolling Interest In Consolidated Entity31M36M39M55M63.3M38.7M

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When determining whether Intercontinental Exchange is a strong investment it is important to analyze Intercontinental's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Intercontinental's future performance. For an informed investment choice regarding Intercontinental Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intercontinental Exchange. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Financial Exchanges & Data space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intercontinental. If investors know Intercontinental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intercontinental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.188
Dividend Share
1.77
Earnings Share
4.21
Revenue Per Share
15.981
Quarterly Revenue Growth
0.173
The market value of Intercontinental Exchange is measured differently than its book value, which is the value of Intercontinental that is recorded on the company's balance sheet. Investors also form their own opinion of Intercontinental's value that differs from its market value or its book value, called intrinsic value, which is Intercontinental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intercontinental's market value can be influenced by many factors that don't directly affect Intercontinental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intercontinental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intercontinental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intercontinental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.